Oil Down 3.5% on Week; Demand Concerns Offset Euro Vaccine Progress

© Reuters. By Barani Krishnan Investing.com – Oil prices fell as much as 3.5% on the week as concerns over summer fuel demand offset news that Europe appeared to be finally turning the corner on its Covid-19 vaccine crisis. Germany doubled the number of daily Covid-19 vaccinations, France hit a key immunization milestone a week […]

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American Airlines seeks $3.5 billion in new financing

© Reuters. American Airlines planes are parked at the gate during the coronavirus disease (COVID-19) outbreak in Washington (Reuters) – American Airlines Group Inc (O:) said on Sunday it plans to secure $ 3.5 billion in new financing, to improve the airline’s liquidity as it grapples with travel restrictions caused by the coronavirus. The company […]

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